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EastGroup Properties EGP NORTH CAROLINA — Costs Capitalized Subsequent to Acquisition

Other geography segments

COLORADO
$60.43M+55.3%
CALIFORNIA
$57.13M0.0%
TEXAS
$44.35M+6.2%
FLORIDA
$37.61M+0.4%
GEORGIA
$32.17M+8.4%
ARIZONA
$29.86M+23.5%
LOUISIANA
$13.02M+3.2%
SOUTH CAROLINA
$12.75M+0.5%
NEVADA
$4.65M+2.0%
TENNESSEE
$3.55M+2,765%
MISSISSIPPI
$1.94M-1.1%

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LINESouth Carolina — Costs capitalized subsequent to acquisition
$36M+2.9%
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LINENorth Dakota — Costs capitalized subsequent to acquisition
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IRMNorth America — Cost capitalized subsequent to acquisition
$4.72B+24.2%
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$1M

Other financials

Income statement

See full
Revenue$193.3M+9.1%
Net income$75.5M+19.3%
EPS (diluted)$1.40+16.7%

Balance sheet

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Cash & equivalents$33.4M+1.4%
Total debt$1.8B+11.9%
Total equity$3.6B+4.9%
Total assets$5.5B+6.4%

Cash flow

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Operating cash flow$159.6M+11.3%
CapEx$13.4M-44.7%
Free cash flow$146.2M+22.7%

Valuation

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Market cap$10.9B+24.9%
Enterprise value$12.66B+22.9%
P/E35.8×-1.1×
P/S14.5×+1.6×

Profitability

See full
Operating margin36.1%
Net margin40.5%+5.6pp
FCF margin59%+2.2pp

Returns & leverage

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Return on equity8.7%+1.1pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by EastGroup Properties in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts.

The source filing: EastGroup Properties’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000049600-26-000010
DescriptionInitial Cost to the Company / LandInitial Cost to the Company / Buildings and ImprovementsCosts Capitalized Subsequent to AcquisitionGross Amount Carried at Close of Period / LandGross Amount Carried at Close of Period / Buildings and ImprovementsRight of Use Assets (e)TotalAccumulated DepreciationYear AcquiredYear Constructed
Gateway Interchange F & G5,28629,8605,28729,85935,1462022/2023n/a
Gateway Interchange Land9,7937,4569,7937,45617,2492022/2023n/a
NORTH CAROLINA
Skyway Logistics Park 1 & 23,74432,1383,74432,13835,8828420212025
Skyway Logistics Park Land8,2946,7928,2126,87415,0862021n/a
SOUTH CAROLINA
Hillside 254612,50654712,50513,05220212025
Hillside Land5493,6075493,6074,1562021n/a

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.

FAQ

What is EastGroup Properties's NORTH CAROLINA — costs capitalized subsequent to acquisition?
EastGroup Properties (EGP) reported NORTH CAROLINA — costs capitalized subsequent to acquisition of $32.14M in Q4 2025.
How has EastGroup Properties's NORTH CAROLINA — costs capitalized subsequent to acquisition changed year-over-year?
EastGroup Properties's NORTH CAROLINA — costs capitalized subsequent to acquisition increased by 15.0% year-over-year, from $27.95M to $32.14M.
What does NORTH CAROLINA — costs capitalized subsequent to acquisition mean?
Reflects capital expenditures made to existing properties in North Carolina after their initial acquisition or construction. These costs typically include major renovations, tenant improvements, or structural upgrades that extend the useful life of the asset.

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